Plan Snapshot
- Plan Sponsor: Pre-Paid Legal Services, INC.
- Sponsor EIN: 731016728
- Sponsor Address: ONE PRE-PAID WAY, ADA, OK, 74820
- Plan Type: 401(k)
- Total Participants: 593
- Total Assets: $46.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 593 | $46.0M | $2.3M | $3.3M |
| 2023 | 614 | $40.8M | $2.1M | $3.2M |
| 2022 | 681 | $33.2M | $1.9M | $3.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHMIDTLEIN & ASSOCIATES,CPA'S, P.A | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $74,694 | — | $27,232 | — | — |
| 2023 | $80,862 | — | $63,334 | — | — |
| 2022 | $95,639 | — | $82,190 | — | $13,449 |